Case Studies
We were able to show the township assessor's office that the initial assessment placed on this building should be reduced. We accomplished this by presenting an appraisal backed by actual construction costs. The property tax impact was a reduction of this property's 2006 payable 2007 tax bill of $20,000.
This medical office building is located in Hamilton County. After our company applied for and received a deduction they were eligible for, their overall 2006 payable 2007 property tax bill was reduced by $22,000 a year.
This dentist office located in the Noblesville area was being assessed with a full basement, and first and second story office areas. After working with the assessor's office to correct the basement square footage and the classification of the other office areas, we were able to reduce the annual property tax bill for 2006 payable 2007 by $10,300.
After analyzing the client's income and expense information on this medical office building located in Hamilton County, we were able to present data to the assessor's office that convinced them to reduce the assessment. This assessment reduction resulted in a property tax bill reduction of $5,400 for 2006 payable 2007.
